SYDNEY, Dec 4 (Reuters) - Brookfield has no intention of returning with a takeover offer for Australia's Origin Energy (ORG) after its $10.6 billion bid was rejected by investors on Monday, according to a source familiar with the matter.
Brookfield thinks the Australian government's new clean energy policy would be negative for Origin's future earnings, the source said.
Brookfield did not immediately respond to a request for comment.
News: ORG Brookfield won't make renewed offer for Origin Energy after $10.6 bln bid rejected -source
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Last
$11.97 |
Change
0.015(0.13%) |
Mkt cap ! $20.58B | |||
| Open | High | Low | Value | Volume |
| $11.99 | $11.99 | $11.92 | $1.851M | 154.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1037 | $11.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.97 | 8902 | 4 |
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| Last trade - 10.33am 07/08/2025 (20 minute delay) ? |
| ORG (ASX) Chart |